SEBI had issued guidelines a couple of years back for infrastructure investment trusts (InvITs). The markets regulator has now granted permission to three companies Ćā IRB Infrastructure, GMR and MEP Infrastructure Ćā to launch the trusts.
Tag: SEBI
Post
Post
ONGC, HPCL may sell stake in MRPL
State-owned ONGC and Hindustan Petroleum Corp Ltd (HPCL) may sell a part of their stake in Mangalore Refinery and Petrochemicals Ltd (MRPL) to comply with regulations on minimum public holding.
Post
Firms keen on InvIT want clarity
Infrastructures developers such as IRB, GMR and IL&FS are keen to launch their infrastructure investment trusts after SEBI announced guidelines last week, but may hold their plans for more clarity on disclosure and accounting norms.
Post
Developers will be able to get rid of their excess baggage
We are almost there both with REIT and InvIT. They have been in the pipeline for quite some time. The government has taken the initiative to come out with proper SEBI regulations, which itself is the very first step towards REITs and InvITs.
Post
MEP to launch InvIT in FY17, to raise Rs.1,200 cr
Toll road firm MEP Infrastructure Developers plans to raise over Rs.1,200 crore from an infrastructure investment trust (InvIT)
Post
Finding the Right Road
The moot question is whether good intent has been accompanied by careful planning.
It was always going to be a difficult job. Roads development, battered and bruised by a heavy load of projects awarded in the recent past, remained stalled for various reasons ranging from land acquisition and bureaucratic red tape to a lack of accountability and transparency in the bidding process.
Post
TNIFMC to raise $1 billion
The Tamil Nadu Infrastructure Fund Management Corporation Ltd (TNIFMC), an asset management company (AMC) formed under the Tamil Nadu Infrastructure Development Board (TNIDB), plans to raise an alternate investment fund of around $1 billion to support infrastructure development in the State.
Post
Constructing path for infrastructure development
The Securities and Exchange Board of India (SEBI) has approved new norms for issuance and listing of municipal bonds or Muni bonds on stock exchanges. The decision will help raise funds for infrastructure projects and the governmentĆĀ“s smart cities initiative.
Post
TN seeks tie-up with Asian bank
The Tamil Nadu Government has asked the Asian Infrastructure Investment Bank to join hands with the state to promote a new Tamil Nadu Infrastructure Fund Management Company (TNIFMC).
Post
VOX POP
The Finance Minister has taken a very pragmatic approach and crafted a Budget in a manner which can provide a boost to both infrastructure and manufacturing which will create employment and also augment IndiaĆĀ“s competitiveness vis-a-vis its peers and at the same time adhered to the Prime MinisterĆĀ“s ĆĀ“Make in IndiaĆĀ“ vision